Analysts’ Opinions Are Mixed on These Industrial Goods Stocks: Generac Holdings (GNRC), Rocket Lab USA (RKLB) and Construction Partners (ROAD)

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Generac Holdings (GNRC – Research Report), Rocket Lab USA (RKLB – Research Report) and Construction Partners (ROAD – Research Report).

Generac Holdings (GNRC)

The company’s shares closed last Friday at $126.91.

According to TipRanks.com, Bagri has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -24.0% and a 28.3% success rate. Bagri covers the NA sector, focusing on stocks such as Marathon Petroleum, Delek US Holdings, and Valero Energy.

Currently, the analyst consensus on Generac Holdings is a Moderate Buy with an average price target of $141.30, which is a 10.8% upside from current levels. In a report issued on February 6, Roth MKM also maintained a Hold rating on the stock with a $118.00 price target.

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Rocket Lab USA (RKLB)

In a report released yesterday, Jason Gursky from Citi initiated coverage with a Buy rating on Rocket Lab USA and a price target of $6.00. The company’s shares closed last Friday at $4.34, close to its 52-week low of $3.62.

According to TipRanks.com, Gursky is a 5-star analyst with an average return of 15.8% and a 76.7% success rate. Gursky covers the Industrial Goods sector, focusing on stocks such as L3Harris Technologies, Spirit AeroSystems, and General Dynamics.

Currently, the analyst consensus on Rocket Lab USA is a Strong Buy with an average price target of $7.63, a 73.8% upside from current levels. In a report issued on February 1, KeyBanc also maintained a Buy rating on the stock with a $8.00 price target.

Construction Partners (ROAD)

Construction Partners received a Hold rating and a $50.00 price target from Robert W. Baird analyst Andrew Wittmann today. The company’s shares closed last Friday at $46.81, close to its 52-week high of $50.70.

According to TipRanks.com, Wittmann is a 5-star analyst with an average return of 16.1% and a 72.3% success rate. Wittmann covers the Industrial Goods sector, focusing on stocks such as WillScot Mobile Mini Holdings, Concrete Pumping Holdings, and BrightView Holdings.

Construction Partners has an analyst consensus of Moderate Buy, with a price target consensus of $51.00.

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Read More on GNRC:

• GNRC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
• Generac price target raised to $118 from $105 at Roth MKM
• Generac Announces Fourth Quarter and Full-Year 2023 Earnings Release Date and Conference Call
• Generac price target raised to $150 from $135 at Stifel
• SHAREHOLDER ALERT: Potential Recovery for Generac Holdings, Inc. (GNRC) Investors